COMMERCIAL.

Otago Daily Times, Issue 3365, 18 November 1872, Page 2

COMMERCIAL.

Daily Time* Office, Bator,lay Evening.

I~be amount of Ctustoms K«vutme receired Voday on goods entered for consumption was

Our market is so rarely enlivened by speculation that two separate articles having been advanced considerably in one week by that mciivi m something to i.ote iw quite out of the common. FJour lisk followed the course of the Melbourne market, and advanced to £14, after IGO tons and more had changed hands at £13 -the price ait which it has remained for about six months*. Kero--gene oil has advanced Gd per gallon, and is held for 2s Gd. We reported this article la«t week as centring into one hand. It eventuates rather differently, and is at present in the hands of two considerable holders, one of whom refused 2s 5d in bond on Saturday,; and is holding for 2h Gd. On Wednesday, the Ziska arrived from Foo Chow with a cargo of tea, consisting of 8388 packages.: Although the most recent advices from China are such a« to inspire holders with confidence : yet stocks are extreme, and we should be glad to know of a portion of the cargo of the Ziska being placed outside thin market. Meantime, with the slight inclination to operate which exists, the probable announcement of its being submitted to sale by auction furnishes the trade with an excuse for suspending all business. Imported alea are. not coming into request with that moderated vigour which it was expected would ensue with the summer. Tcnnent's and other approved brands keep moving oflf slowly, and in the ordinary trade lota, but nothing like briskness has yet beer* seen. Spirits arc still overstocked and dull — Hennessy's incase alone becoming materially reduced in stock. Holders of this favourite brand look confidently for a speedy advance. Sugar commands little attention at present, immediate wants having been lately met. The supply, however, in the hands of the trade must be soon again wearing low, and whites, as the season advances will, an usual, no doubt be in great request. In galvanised iron, there are no sales being effected. Ttumours of reduced cost in England have led to a modification of the nominal high rates, but the reduction is not sufficient to induce sales. In hemp goods there is no change to note. Wheat ha» advanced for prime samples to 5s Gd. Oat« are quoted, according to sample, from 2s Id to 2s 3d.

Messrs Wkksht, Stki'HKXHox, and Co. report, for the week ending 16th November, an follows:—

Fat Cattle.—os head, of which a considerable proportion wore very middling quality, were yarded and Bold by us aa follows :—3O, fair quality, at from £5 I 0« to £9 15s per head, equal to from 25_ to 27« Gd per lOOlbs ; and the balance, which were very inferior, were taken for grazing at £5 round. We quote prime quality 25s to 27s Gd per lOOlbs. Fat Sheep.—lßo shorn half-breda were penned, which we offered, but only 50 found purchasers at the price asked (12s), and the balance were turned out. We quote prime quality, in wool, 4d per lb ; ditto, whom, 2d to 2|d. Store Cattle.—Well-grown cattle, for paddock fattening, are asked for. We quote bullocks, £3 10s to £4 10s ; mixed lota, £2 10s.

Store Sheep.—No transactions. Horsoß.—Heavy draught stock of the right stamp meet with ready sale. We sold At our yards on Saturday, on account of Mr John Trestrail, Mr Isaac Gidney, and Mr Wm. Thomson, 30 heavy draught mares and foldings, ex Tarania from Melbourne. Every ofc met with good competition, the prices obtained being from £27 10s to £71. We also sold 20 head Provincial bred light colts, in poor condition, at from £6 10s to £11. On Thursday, the 2lst inst., we shall oiler at our yards 20 head of coach colts, ex Wellington, from Wellington ; and on Saturday, the 28th inst., on account of Mr John Trestrail, 20 heavy draughts. We quote firstclass draughts, £55 to £00 ; medium do, £27 to £34 ; good hacks and light harness horses, £18 to £25 ; medium do, £10 to £12 ; light and inferior, £3 to £0.

Wool, Sheepskins, &c.—Our weakly sale was -well attended by buyers, and every lot was disposed of at a slight advance on hist week's rates. We sold 1000 sheepskins and hides, as follows :—Station skins, Merino, 2s lid to 5s lid; half-bred, oa. Green skins, Merino, (is 5d to 0s 7d ; half-bred, 8s 7d to 9s Id. Hides, 17s to 18s 9d. Our next Bale will be on Thursday, the 2lst inst., when we shall offer about 200 bales of this season's clip, as well as sheepskins, hides, &c. Grain.—The m»rket is firm, but without many transactions. Quotations remain the tamo as last week.

i «« follows, viz. :— 1 £«.<!. £ e. d. j Brandy ... Jtf IS 5. Tea ,., 2<J 15 0 Geneva ... 00 0 0 (loffce ... 21 4 « Wino ... 'JS S « Sugar ... 37 5 10 Beer ... 7 Hi :$ Dr.iixry ... 7 ."> 10 Tobacco ... 21 0 0 ,Stui<lrits... 18 1 11 Total £247 Hi G